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Nellie Flag (1932–1953) was an American Thoroughbred racehorse who was retrospectively named the American Champion Two-Year-Old Filly of 1934. She was the first horse bred by Warren Wright's Calumet Farm to win a stakes race.

An early favorite, Nellie Flag finished fourth in the 1935 Kentucky Derby and seventh in the Preakness Stakes, the latter a race won by her dam in 1924. Following an injury, Nellie Flag was retired in mid July 1935 and stood at Calumet Farm as a broodmare where she died in 1953 at age twenty-one. She produced ten foals of which nine raced. Among her best were:

• Mar-Kell (born 1939) - American Champion Older Female Horse (1943)
• Nellie L. (born 1940) - won 1943 Kentucky Oaks, Acorn Stakes
• Sunshine Nell (born 1948) - multiple stakes wins including Barbara Fritchie Handicap, Autumn Days Handicap, Top Flight Handicap

References

1. Thoroughbred Heritage
2. Chicago Daily Tribune – December 29, 1950
3. Milwaukee Journal - May 7, 1935
4. St. Petersburg Times – May 17, 1980
5. St. Petersburg Times - 17 July 17, 1935
6. Nellie Flag's offspring

• Nellie Flag's pedigree and partial racing stats

• 1932 racehorse births
• 1953 racehorse deaths
• Racehorses bred in Kentucky
• Racehorses trained in the United States
• American Champion racehorses
• Thoroughbred family 9-f